Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar rose 0.2% to C$1.4098 per U.S. dollar, while Canadian 10-year government bond yields fell 3.3 basis points to 3.626%.
1. Currency and bond moves
The Canadian dollar strengthened against the U.S. dollar on Monday, trading at C$1.4098 per U.S. dollar, or 70.93 U.S. cents, after moving between C$1.4078 and C$1.4138. Canadian 10-year government bond yields fell 3.3 basis points to 3.626%; similar U.S. benchmark yields fell to 4.841%.
2. Crude prices fall
U.S. December crude futures fell $4.08 to $86.75 a barrel.
